Chromaflo Technologies Buys Dispersion Division of Liquid Colours
ASHTABULA, OH – Chromaflo Technologies Corp., Ashtabula, Ohio, has acquired the colorant dispersion division of Liquid Colours (Pty) Limited of South Africa, further enhancing Chromaflo Technologies’ position in the sub-Saharan African region. The purchase price was not disclosed.
The newly acquired colorant dispersion division includes pigment dispersions and colorant technologies for decorative paint point-of-sale, in-plant systems, industrial coatings and other applications that will be integrated into Chromaflo’s recently built plant in Johannesburg. The transfer of product lines, technology and personnel from the dispersions division of Liquid Colours to Chromaflo will take place over the next 12 months.
Chromaflo Technologies’ South African operations are part of Chromaflo’s APAC regional business, which is headquartered in Dandenong, Melbourne, Australia.
“The combination of our existing business and that of Liquid Colours’ dispersion division is a significant and exciting development for our business in Southern Africa,” said John Dry, Managing Director & Vice President, APAC. “It provides us with a solid platform in both volume and technology, coupled with a diverse range of products to further increase our regional footprint.”
Chromaflo Technologies South Africa will be headed by Lyle Peters, former General Manager of Liquid Colours, and supported by S. R. Rao, Chromaflo’s Regional Commercial Director ISC & SSA.